Roberto Abraham Scaruffi

12 January 2015

	Northern Offshore terminates Energy Searcher drilling contract Northern Offshore has issued a Notice of Contract termination to Oceanic Consultants Nigeria for the Energy Searcher drilling contract. The company has alleged that Oceanic breached various terms of the drilling contract and said it will be filing a claim of $50million associated with the matter

	Shortlist for Offshore Achievement Awards revealed The shortlist for the 2015 Offshore Achievement Awards is unveiled today, revealing 34 contenders for 11 of the 12 honours on offer. It is all hush-hush for the 12th award, which recognises significant achievement in the oil and gas industry, and will be presented along with the others in front of about 500 guests at Aberdeen Exhibition and Conference Centre on Thursday, March 12

	Expro awarded $200million contract with Statoil Expro has won a $200million contract from Statoil to provide well testing and fluid sampling services in the Norwegian Continental Shelf (NCS). The agreement which started this month, will last an initial four years, with options to extend for a further six years

	Rouble weakens as oil prices slump The Russian rouble is edging further down amid a continuing slump in oil prices. The currency was down about 2% in morning trading in Moscow, floating around 62

	FTSE 100 higher despite oil slide Fresh pressure on energy stocks failed to derail the FTSE 100 Index today, even as oil prices slid further away from the $50 a barrel mark. BP was 1

	Video: Alex Salmond says action needed on North Sea oil now Former First Minister Alex Salmond has called for an agenda to be set out by Westminster in order to save jobs in the oil industry. Speaking to Energy Voice as his first exclusive column is published in its sister publication, The Press and Journal, the SNP politician urged action be taken as oil prices head below the $50 mark

	Subsea innovators ready for industry's biggest gala yet A selection of the country’s most successful subsea businesses have made it on to the shortlist for the industry’s annual awards gala. Fisher Offshore, Proserv and ROVOP are all in contention for the annual Subsea UK Awards event’s top honour, the subsea company of the year award

	Oil fears stumbling block for Scottish recovery Scotland’s economy finished 2014 on a “solid footing”, according to a new report. The monthly survey findings by the Bank of Scotland (BoS) found employment and business output grew in December, continuing at the same rate as the previous month

	Tax breaks hinted for North Sea as prices fall Chancellor George Osborne has hinted that further tax breaks will be introduced to help the UK offshore industry amid growing pressure for urgent action to address tumbling oil prices

	Iraq raises Basrah crude price for Asia, follows Saudi lead Iraq, OPEC’s second-largest producer, raised the selling price for February shipments to Asia of its main Basrah Light crude by 30 cents a barrel, after Saudi Arabia boosted its pricing to the region

	Goldman sees need for $40 oil as forecast for OPEC cut abandoned Goldman Sachs said US oil prices need to trade near $40 a barrel in the first half of this year to curb shale investments as it gave up on OPEC cutting output to balance the market

	Opinion: The good old days have gone, and they won’t be coming back Predicting oil price movements is as risky as exploring for oil itself. The average price for crude fell 10.3% from the start of 2014 to the date of the Scottish independence referendum on September 18

	Video: Huge waves captured on rig as storm batters North Sea This dramatic footage captured by an offshore worker in the North Sea shows waves crashing against the Borgholm Dolphin rig. Winds as high as 113mph hit Scotland earlier this week as a storms crossed the Atlantic